Replies to post #251402 on Plastic2Oil Inc (PTOI)

[flptrnkng]

As of the latest filing there were 91M outstanding shares and 7M shares worth of convertible instruments

What about the convertible preferred stock they sold in the last PIPE investment? That adds 16.1 million shares (actually some of those have already been converted, so it would be less).

They don't 'have' 50 million authorized shares left to sell/issue.

Keep watching NV SOS I'd say.